Deals & Awards

On 11 February 2015, the Supreme Court granted the appeal of Swedbank AS in civil matter no. 3-2-1-147-14. The dispute was about transactions concluded with property acquired in the course of the ownership reform and the reversion of those transactions.

World Trademark Review (WTR 1000), the World’s Leading Trademark Professionals, features Tark Grunte Sutkiene partner Toomas Taube as one of Estonian leading practitioners in the trademark area in its 2015 edition.

The Vilnius City Local Court brought in a verdict of "not guilty" for Daiva Ulbinaitė, former chief advisor to the President Dalia Grybauskaitė, who was defended by the Firm's attorney-at-law specializing in white-collar crimes Giedrius Danėlius.

Tark Grunte Sutkiene was a legal advisor to AB Avia Solutions Group (the “Company”) with regard to offering newly issued shares of the Company to select investors and their admission to trading on the Polish regulated market, i.e. on the Warsaw Stock Exchange. The shares of the Company were successfully subscribed for and admitted to trading on the regulated market in December 2014. This share offering enabled the Company to raise over EUR 15 million.

The EBRD is providing a €35 million loan to the Estonian oil shale processing company Viru Keemia Grupp AS (VKG) to finance an environmental upgrade and energy efficiency improvements for its operations.